New rules for Mortgage Brokers

The final rules take effect on October 1 and registration as early as January 28, 2011.

The rules are part of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008, also called the S.A.F.E. Act.  Mortgage loan originators will have to be fingerprinted and sign up to a central registry to do business in future, according to final rules issued on Wednesday by the Federal Reserve and other regulators.

9 Responses to “New rules for Mortgage Brokers”

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  2. Colton Diaz Says:

    i really hate to get a mortgage but sometimes you just can’t avoid getting one`~~

  3. Nursery Decoration  Says:

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